While the president says the agreement with Iran would open the Strait of Hormuz and provide economic relief, the country’s nuclear program is still a subject for negotiation.
While the president says the agreement with Iran would open the Strait of Hormuz and provide economic relief, the country’s nuclear program is still a subject for negotiation.
Ships in the Strait of Hormuz in Oman last week. More than four-fifths of the petroleum and liquefied natural gas transiting the strait is typically bound for Asian markets.
Oil prices fell and stocks gained early Monday after Iran and the U.S. reached a deal that may allow more energy and other goods to flow through the Strait of Hormuz.
Accedi
